Apollo Global Management Investor Day Presentation Deck

We Produce Excess Return Across the Risk Spectrum RETURN HIGH GRADE ALPHA¹ T5y Avg Yield: 4.5% Strategy AUM: $10B IG CORP1 T5y Avg Yield: 1.5% YIELD ATHENE² Avg Yield: 4.5% AUM: $194B ATHENE PEER GROUP² Avg Yield: 4.2% LARGE CORPORATE CREDIT³ Return: 11% S&P LL100 Return: 8% HYBRID ACCORD SERIES4 Gross IRR: 22% Net IRR: 17% Strategy AUM: $5B INFRA EQUITY Gross IRR: 26% Net IRR: 20% Strategy AUM: $3B MEDIAN PRIVATE CREDIT5 Net IRR: 10% HYBRID VALUE I Gross IRR: 29% Net IRR: 23% Strategy AUM: $13B MEDIAN PRIVATE CREDIT/PE BLENDED6 Net IRR: 13% EQUITY ......... FLAGSHIP PE8 Gross IRR: 39% Net IRR: 25% Strategy AUM: $63B MEDIAN PE7 Net IRR: 14% APOLLO STRATEGY MARKET INDICATOR RISK Note: Data as of June 30, 2021, unless otherwise noted. Not a comprehensive list of all Apollo funds and were chosen on the basis of illustrative mandates across the platform. Apollo Strategy and corresponding Market Indicator are not directly comparable. Actual results may vary and these returns may differ substantially from the strategies. There can be no guarantee or assurance that similar opportunities will become available, particularly on a direct basis, in the future or if available, that such opportunities will achieve target returns once realized. Additional information is available upon request. Past performance is not indicative of future results. Please see the Appendix for important information on index performance. IRR calculations based on Apollo calculations, not an industry standard. Footnote explanations may be found in presentation endnotes. APOLLO INVESTOR DAY 2021 19

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